Elmhurst Three-Family Brick
81-20 Dongan Avenue Elmhurst, NY 11373
For Sale
$1,799,000
MULTI_FAMILY - Elmhurst, NY
Property Size2,400 SF
Lot Size0.06 Acres
Price / SF$749.58
Days on Market145
Property Features for 81-20 Dongan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11612
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Emily Hui Chen-Liang
(917) 708-9966
Added: Mar 2
Changed: Jul 17
Last Checked: Jul 25 at 9:06PM
MLS# 499272
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This semi-attached 3-family brick home is located in the heart of Elmhurst, situated one minute from Queens Boulevard. The property is set on a 25 ft x 100 ft lot and features a 20 ft x 60 ft building, plus a 1200 sq ft finished basement. The first floor contains a large unit with 3 bedrooms and 1 bath. The second floor is divided into two separate 1-bedroom, 1-bath apartments. The finished basement provides versatile recreation space. The property includes a private backyard and a detached 500 sq ft garage, along with a shared 4-car driveway. The property is located on a quiet one-way street and offers access to transportation, dining, and supermarkets. This property presents an opportunity for investors and owner-occupants alike.
Key Highlights
- Semi‑attached 3‑family brick home on a 25 ft x 100 ft lot
- 20 ft x 60 ft building plus a 1,200 sq ft finished basement for extra recreation space
- Layout includes a large first‑floor 3‑bedroom/1‑bath unit and two separate 1‑bedroom/1‑bath units on the second floor
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.9k | $46.20 |
| − Vacancy | −$4.2k | −$1.76 |
| EGI | $106.7k | $44.44 |
| − OpEx | −$48.0k | −$20.00 |
| NOI | $58.7k | $24.44 |
2,400 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$838.1K
$733.3K – $977.8K
NOI $58,667 @ 7.0% cap · market cap 3.26%
Second Best
Multifamily LT 5
$567.5K
$496.6K – $662.1K
NOI $39,724 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,852 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Semi-attached 3-family home in prime Elmhurst location.
Where is this triplex located?
The property is located at 81-20 Dongan Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Semi‑attached 3‑family brick home on a 25 ft x 100 ft lot; 20 ft x 60 ft building plus a 1,200 sq ft finished basement for extra recreation space; Layout includes a large first‑floor 3‑bedroom/1‑bath unit and two separate 1‑bedroom/1‑bath units on the second floor
